Ethan Allen (ETH) Given Consensus Recommendation of “Hold” by Analysts

Shares of Ethan Allen (NYSE:ETH) have earned an average recommendation of “Hold” from the eight brokerages that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $28.00.

Several equities research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Ethan Allen from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a report on Friday, January 19th. Telsey Advisory Group reiterated a “market perform” rating and set a $27.00 price objective (down previously from $33.00) on shares of Ethan Allen in a report on Wednesday, January 17th. Stifel Nicolaus decreased their price objective on shares of Ethan Allen from $30.00 to $27.00 and set a “hold” rating for the company in a report on Thursday, January 25th. Finally, ValuEngine lowered shares of Ethan Allen from a “hold” rating to a “sell” rating in a report on Thursday, April 12th.

Ethan Allen opened at $23.80 on Friday, MarketBeat reports. The stock has a market cap of $649.85 million, a PE ratio of 17.84, a PEG ratio of 1.48 and a beta of 1.10.



Ethan Allen (NYSE:ETH) last released its earnings results on Thursday, April 26th. The company reported $0.11 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.11. The firm had revenue of $181.40 million during the quarter, compared to analyst estimates of $181.40 million. Ethan Allen had a net margin of 4.84% and a return on equity of 9.23%. The business’s revenue was up .7% on a year-over-year basis. During the same quarter last year, the business earned $0.23 EPS. equities analysts forecast that Ethan Allen will post 1.33 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 25th. Investors of record on Tuesday, July 10th will be issued a dividend of $0.19 per share. The ex-dividend date is Monday, July 9th. This represents a $0.76 dividend on an annualized basis and a yield of 3.19%. Ethan Allen’s payout ratio is 52.41%.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Financial Engines Advisors L.L.C. lifted its holdings in Ethan Allen by 31.3% during the 1st quarter. Financial Engines Advisors L.L.C. now owns 13,489 shares of the company’s stock valued at $310,000 after buying an additional 3,214 shares in the last quarter. LSV Asset Management lifted its holdings in Ethan Allen by 0.3% during the 4th quarter. LSV Asset Management now owns 1,182,752 shares of the company’s stock valued at $33,826,000 after buying an additional 3,900 shares in the last quarter. Capital Fund Management S.A. lifted its holdings in Ethan Allen by 58.6% during the 4th quarter. Capital Fund Management S.A. now owns 11,100 shares of the company’s stock valued at $317,000 after buying an additional 4,100 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Ethan Allen by 41.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 14,270 shares of the company’s stock valued at $408,000 after buying an additional 4,200 shares in the last quarter. Finally, California Public Employees Retirement System lifted its holdings in Ethan Allen by 5.8% during the 1st quarter. California Public Employees Retirement System now owns 82,817 shares of the company’s stock valued at $1,901,000 after buying an additional 4,525 shares in the last quarter.

Ethan Allen Company Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in North America, Europe, Asia, and the Middle East. The company operates through two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery items comprising sleepers, recliners, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other items, including window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.

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